NYSE:TECK

Teck Resources - TECK Stock Forecast, Price & News

$43.12

+1.78 (+4.31%)

(As of 01/31/2023 11:58 AM ET)

Add

Compare

Today's Range: $41.38
▼
$43.25
50-Day Range: $32.98
▼
$42.72
52-Week Range: $24.72
▼
$45.90

Volume: 2.29 million shs
Average Volume: 3.32 million shs
Market Capitalization: $21.82 billion

P/E Ratio: 6.56
Dividend Yield: 0.90%
Price Target: $52.00

Institutional Ownership

Teck Resources MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.62 Rating Score
Upside/Downside: 23.3% Upside
$52.00 Price Target
Short Interest: Healthy
2.34% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -9.56
Upright™ Environmental Score
News Sentiment: 0.84
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -37.90%
From $6.86 to $4.26 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.02 out of 5 stars

Basic Materials Sector

67th out of 163 stocks

Mining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry

6th out of 17 stocks

2.3

Analyst's Opinion

Consensus Rating
Teck Resources has received a consensus rating of Buy. The company's average rating score is 2.62, and is based on 8 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $52.00, Teck Resources has a forecasted upside of 23.3% from its current price of $42.17.
Amount of Analyst Coverage
Teck Resources has only been the subject of 2 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
2.34% of the float of Teck Resources has been sold short.
Short Interest Ratio / Days to Cover
Teck Resources has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Teck Resources has recently decreased by 6.23%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Teck Resources has a dividend yield of 0.90%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Teck Resources does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Teck Resources is 5.63%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Teck Resources will have a dividend payout ratio of 8.69% next year. This indicates that Teck Resources will be able to sustain or increase its dividend.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Teck Resources has received a -246.28% net impact score from Upright. The largest negative impact of Teck Resources in category "GHG emissions" seems to be driven mostly by its "Coke (from coal)", "Zinc", and "Copper" products. See details.
Environmental Sustainability
The Environmental Impact score for Teck Resources is -9.56.

3.2

News and Social Media Coverage

News Sentiment
Teck Resources has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.36 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Teck Resources this week, compared to 3 articles on an average week.
Search Interest
Only 21 people have searched for TECK on MarketBeat in the last 30 days. This is a decrease of -16% compared to the previous 30 days.
MarketBeat Follows
17 people have added Teck Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 21% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Teck Resources insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.14% of the stock of Teck Resources is held by insiders.
Percentage Held by Institutions
56.15% of the stock of Teck Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Teck Resources are expected to decrease by -37.90% in the coming year, from $6.86 to $4.26 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Teck Resources is 6.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.73.
Price to Earnings Ratio vs. Sector
The P/E ratio of Teck Resources is 6.42, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 84.10.
Price to Earnings Growth Ratio
Teck Resources has a PEG Ratio of 1.63. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Teck Resources has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Teck Resources (NYSE:TECK) Stock

Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. It operates through Steelmaking Coal, Copper, Zinc, and Energy segments. The company's principal products include copper, zinc, steelmaking coal, and blended bitumen. It also produces lead, silver, and molybdenum; and various specialty and other metals, chemicals, and fertilizers. In addition, the company explores for gold. The company was formerly known as Teck Cominco Limited and changed its name to Teck Resources Limited in April 2009. Teck Resources Limited was founded in 1913 and is headquartered in Vancouver, Canada.

Receive TECK Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Teck Resources and its competitors with MarketBeat's FREE daily newsletter.

TECK Stock News Headlines

January 30, 2023 | finance.yahoo.com

Teck Announces 2022 Production and 2023 Guidance

January 27, 2023 | msn.com

RPT-TotalEnergies buying extra stake in Fort Hills from Teck Resources for around $234 mln

January 31, 2023 | Investing Trends (Ad)

Apple, Amazon, and Walmart are Investing in Solar Energy

The global market for solar energy is expected to be worth an astronomical $1 trillion by the end of 2028, with increasing adoption of solar by commercial, non-profit, and public entities. Even Fortune 500 companies such as Apple, Amazon, and Walmart are investing in solar to help save money over the long term. So it's little wonder solar is also becoming one of the fastest growing sectors in the U.S. stock market.

January 25, 2023 | finance.yahoo.com

Teck Investment Helps Protect 75,000 Hectares of BC’s Incomappleux Valley

January 25, 2023 | finance.yahoo.com

Teck Investment Helps Protect 75,000 Hectares of BC’s Incomappleux Valley

January 18, 2023 | finance.yahoo.com

Teck Named to 2023 Global 100 Most Sustainable Corporations List

January 17, 2023 | finance.yahoo.com

Are Investors Undervaluing Glencore (GLNCY) Right Now?

January 12, 2023 | marketwatch.com

Cadmium Market Future Business Trends and Growth 2022 to 2029 | Korea Zinc, Nyrstar NV, Teck Resources Ltd., Young Poong Corp

January 31, 2023 | Investing Trends (Ad)

Apple, Amazon, and Walmart are Investing in Solar Energy

January 10, 2023 | marketwatch.com

Cadmium Market 2023 : Size (value & volume) by Company, Key Regions, Type, and Application 2028

January 10, 2023 | ca.finance.yahoo.com

Kodiak Copper - Annual Investor Letter

January 6, 2023 | seekingalpha.com

Freeport McMoRan follows copper prices higher on hopes for China-led demand

January 5, 2023 | marketwatch.com

Bioleaching Market : Research Report Analysis by Competitors, Sales, Revenue and Industry Size 2023 To 2028

January 4, 2023 | marketwatch.com

Metal Zinc Market 2023 Expected to Witness the Highest Revenue Growth Over Forecast to 2028

December 24, 2022 | finanznachrichten.de

Teck Resources Ltd: TotalEnergies Commences Proceedings Regarding Fort Hills Right of First Refusal

December 23, 2022 | finance.yahoo.com

Suncor Energy Provides Update on Acquisition of Teck's Interest in Fort Hills

December 23, 2022 | msn.com

TotalEnergies Canada challenges Teck’s sale of Fort Hills assets to Suncor

December 21, 2022 | finanznachrichten.de

3BL Alerts: Teck Outlines Economic Contributions to Communities and Regions

December 21, 2022 | finance.yahoo.com

Teck Resources (TSE:TECK.B) Shareholders Will Want The ROCE Trajectory To Continue

December 19, 2022 | ca.finance.yahoo.com

Teck to sell closed Quintette mine to Conuma Resources for $120M, plus royalties

December 19, 2022 | msn.com

Teck offloads Quintette assets for $120M

December 13, 2022 | marketwatch.com

Metallurgical Coal Market 2023-2028 : Leading Growth Drivers, Emerging Audience, Segments, Industry Sales, Profits & Analysis

December 7, 2022 | americanbankingnews.com

Teck Resources (NYSE:TECK) Rating Increased to Buy at StockNews.com

December 6, 2022 | msn.com

Canada shares lower at close of trade; S&P/TSX Composite down 1.25%

December 5, 2022 | msn.com

Tribes Say BC Mine Waste Threatens Water, Way of Life

November 11, 2022 | theglobeandmail.com

Manulife to appoint former Teck Resources CEO Don Lindsay as board chair in February

November 3, 2022 | msn.com

Suncor 'not looking to do M&A,' interim CEO says following Teck deal

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive TECK Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Teck Resources and its competitors with MarketBeat's FREE daily newsletter.

TECK Company Calendar

Last Earnings: 10/27/2021
Ex-Dividend for 12/30 Dividend: 12/14/2022
Dividend Payable: 12/30/2022
Today: 1/31/2023
Next Earnings (Estimated): 2/23/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Mining & quarrying of nonmetallic minerals, except fuels
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: NYSE:TECK
CUSIP: N/A
CIK: 886986
Web: www.teck.com
Phone: (604) 699-4000
Fax: 604-699-4750
Employees: 10,600
Year Founded: 1906

Price Target and Rating

Average Stock Price Forecast: $52.00
High Stock Price Forecast: $65.00
Low Stock Price Forecast: $43.00
Forecasted Upside/Downside: +20.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.62
Research Coverage: 13 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.57
Trailing P/E Ratio: 6.56
Forward P/E Ratio: 6.29
P/E Growth: 1.63
Net Income: $2.29 billion
Net Margins: 22.99%
Pretax Margin: 36.74%
Return on Equity: 22.53%
Return on Assets: 11.62%

Debt

Debt-to-Equity Ratio: 0.26
Current Ratio: 1.65
Quick Ratio: 1.08

Sales & Book Value

Annual Sales: $10.76 billion
Price / Sales: 2.03
Cash Flow: $7.33 per share
Price / Cash Flow: 5.88
Book Value: $36.03 per share
Price / Book: 1.20

Miscellaneous

Outstanding Shares: 505,950,000
Free Float: 505,246,000
Market Cap: $21.82 billion
Optionable: Optionable
Beta: 1.06

Social Links

Key Executives

Mr. Jonathan H. Price M.B.A. (Age 47)
CEO & Director
Comp: $1.19M

Mr. Harry Milton Conger IV (Age 67)
Exec. VP, COO, Pres & Director
Comp: $1.43M

Mr. Peter C. Rozee
Sr. VP of Commercial & Legal Affairs

Mr. Robin B. Sheremeta
Sr. VP of Coal

Ms. Crystal J. Prystai
Sr. VP, Corp. Controller & CFO

Mr. Greg J. Brouwer
Sr. VP of Technology & Innovation

Mr. Justin Webb
VP & Chief Information Officer

Mr. H. Fraser Phillips
Sr. VP of Investor Relations & Strategic Analysis

Chris Stannell
PR Mang.

Mr. Réal Foley
Sr. VP of Marketing & Logistics

Key Competitors

View All Competitors

Insiders & Institutions

View All Institutional Transactions

TECK Stock - Frequently Asked Questions

Should I buy or sell Teck Resources stock right now?: 13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Teck Resources in the last year. There are currently 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TECK shares.
View TECK analyst ratings or view top-rated stocks.
What is Teck Resources' stock price forecast for 2023?: 13 equities research analysts have issued 12-month price objectives for Teck Resources' shares. Their TECK share price forecasts range from $43.00 to $65.00. On average, they expect the company's stock price to reach $52.00 in the next twelve months. This suggests a possible upside of 25.8% from the stock's current price.
View analysts price targets for TECK or view top-rated stocks among Wall Street analysts.
How have TECK shares performed in 2023?: Teck Resources' stock was trading at $37.82 on January 1st, 2023. Since then, TECK shares have increased by 9.3% and is now trading at $41.34.
View the best growth stocks for 2023 here.
When is Teck Resources' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our TECK earnings forecast.
How were Teck Resources' earnings last quarter?: Teck Resources Limited (NYSE:TECK) released its quarterly earnings results on Wednesday, October, 27th. The basic materials company reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.40. The basic materials company had revenue of $3.97 billion for the quarter, compared to analysts' expectations of $3.63 billion. Teck Resources had a net margin of 22.99% and a trailing twelve-month return on equity of 22.53%. Teck Resources's revenue was up 73.3% compared to the same quarter last year. During the same period last year, the business earned $0.18 earnings per share.
How often does Teck Resources pay dividends? What is the dividend yield for Teck Resources?: Teck Resources announced a quarterly dividend on Wednesday, November 16th. Stockholders of record on Thursday, December 15th will be given a dividend of $0.0939 per share on Friday, December 30th. This represents a $0.38 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date is Wednesday, December 14th.
Read our dividend analysis for TECK.

Is Teck Resources a good dividend stock?: Teck Resources (NYSE:TECK) pays an annual dividend of $0.37 per share and currently has a dividend yield of 0.90%. The dividend payout ratio is 5.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TECK will have a dividend payout ratio of 8.69% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TECK.
What other stocks do shareholders of Teck Resources own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Teck Resources investors own include Teck Resources (TECK.B), Bank of America (BAC), Intelsat (I), Freeport-McMoRan (FCX), Micron Technology (MU), AMC Entertainment (AMC), Fossil Group (FOSL), Ciena (CIEN), Associated British Foods (ABF) and Chaarat Gold (CGH).
What is Teck Resources' stock symbol?: Teck Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "TECK."
Who are Teck Resources' major shareholders?: Teck Resources' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include National Bank of Canada FI (0.81%), PM CAPITAL Ltd (0.45%), AMF Tjanstepension AB (0.41%), Sumitomo Mitsui Trust Holdings Inc. (0.29%), Foundation Resource Management Inc. (0.21%) and Systrade AG (0.20%).
How do I buy shares of Teck Resources?: Shares of TECK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Teck Resources' stock price today?: One share of TECK stock can currently be purchased for approximately $41.34.
How much money does Teck Resources make?: Teck Resources (NYSE:TECK) has a market capitalization of $20.92 billion and generates $10.76 billion in revenue each year. The basic materials company earns $2.29 billion in net income (profit) each year or $6.57 on an earnings per share basis.
How many employees does Teck Resources have?: The company employs 10,600 workers across the globe.
How can I contact Teck Resources?: Teck Resources' mailing address is 550 BURRARD ST SUITE 3300 BENTALL 5, VANCOUVER A1, V6C 0B3. The official website for the company is www.teck.com. The basic materials company can be reached via phone at (604) 699-4000, via email at investors@teck.com, or via fax at 604-699-4750.

This page (NYSE:TECK) was last updated on 1/31/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Teck Resources - TECK Stock Forecast, Price & News

Teck Resources MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Teck Resources (NYSE:TECK) Stock

TECK Stock News Headlines

TECK Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

TECK Stock - Frequently Asked Questions

Overall MarketRank^™